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Real Reasons Unity Bank MD Resigned + Shareholders dazed by the rot in the bank

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Unity Bank is currently going through turbulent boardroom crisis as their Managing Director, Henry James Semenitari, resigned his appointment on Friday, July 24, 2015. Also, the board concluded plans to seek for a replacement.  We reliably gathered that the issue has caused bad blood on who is fit to take over his position.
The former CEO was forced to resign to pave a way for the board to verify some allegations against him over his expensive lifestyle

Trouble began for Semeniteri who is the husband of Ibim Semeniteri, an ex aide of former Rivers state governor, Rotimi Amaechi when staffs of the Bank petitioned the board of the Bank on their boss financial recklessness, they also took the matter to former Nigeria’s President, Olusegun Obasanjo, who has a large stake in the bank. Obasanjo however directed the Chairman of the bank, Mr. Thomas Etuh to engage forensic auditors to investigate the allegations.

And at the end of the initial forensic audit of the allegations levelled against Semenitari, “some cases of discrepancies” were discovered in the running of the bank, thus prompting the board of the bank to force him to vacate the MD seat to allow for more detailed investigation of the allegations, some of the allegations against Semenitari included spending of about N100 million on bullet proof vehicles, payment of productivity bonus allowances to some workers and indiscriminate sack of workers without recourse to the board of directors.

The development is said to have sent panic among shareholders some of whom are Nigeria’s high and mighty. They are said to have expressed concern about their investment. He may have also lost the exalted position as the board has already appointed Aisha Azumi Abraham as Acting Managing Director/CEO of Unity Bank Plc pending the resolution of the crisis

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Dreamfo organizes ‘Biennial Conference 2025’ to commemorate International Widow Widowers Day

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A 4-day conference is scheduled to take place in Jos from 20th-23rd, with free feeding and accommodation provided
~By Oluwaseun Fabiyi

 

A 4-day conference for widows and widowers, tagged Biennial Conference, will be hosted by Olubunmi Ojo, founder of DREAMFO International, also known as the Doctor Olusegun Emmanuel Afolabi Memorial Foundation, to mark International Widow/Widowers Day 2025, from Friday, 20th to Monday, 23rd June 2025, at Steffans Hotel, Jonah David Jang Way, Rayfield, Jos, Plateau State, Nigeria, showcasing her exceptional resourcefulness and energy

DREAMFO widows, widowers held its inaugural edition approximately six years ago in the popular Badagry area of Lagos.

The event this year promises to be a dynamic combination of music, inspirational talks, fervent prayers, and personal empowerment, tailored to uplift individuals spiritually, emotionally, and mentally within the widowed community, and inspire all attendees to overcome limitations and fulfill their divine potential across all aspects of life

The sixth edition of the event is taking place this year, boasting a diverse lineup that caters to the tastes of the young, the elderly, widows and widowers from across the country

As reported by Olubunmi Ojo via her media aide, Oluwaseun Fabiyi, the initial DREAMFO conference, hosted in Badagry, Lagos in 2019, was a memorable and enriching experience, providing empowerment and opportunities within Lagos metropolis and its surrounding areas.In like manner, Calabar 2021 was a phenomenal success. Ibadan 2023 was indeed epic and outstanding, and Jos 2025 is poised to be a trailblazing conference and assembly.

When speaking further, she assured that DREAMFO has various events throughout the four days, with Friday, June 20th scheduled for the arrival of guests, followed by a poolside fiesta and overnight clubbing

On Saturday, the 21st of June, the day will start with an instructor-led aerobics and exercise session early in the morning, followed by complimentary health checks, while the afternoon will feature seminars and the evening will culminate in a Gala night, all designed to promote a festive atmosphere amongst the widows and widowers

Sunday, the 22nd of June, has been scheduled for a special thanksgiving service

The grand finale, scheduled for Monday, the 23rd of June, is officially designated for Dreamfo to provide free eye tests, reading glasses, and eye medication to the host community at the Ladies of Apostle Church.

She officially announced that participants would receive free accommodation and meals throughout the program, with registration through the provided link required for all participants.

Oluwaseun Fabiyi Media aide to Olubunmi Ojo a journalist based in Lagos

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FLOUTING CONTRACTUAL OBLIGATIONS, DEFYING COURT ORDERS, AND DISREGARDING ARBITRATION: THE FACTS BEHIND HADIZA BALA USMAN’S ABUSE OF OFFICE AS NPA MD

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FLOUTING CONTRACTUAL OBLIGATIONS, DEFYING COURT ORDERS, AND DISREGARDING ARBITRATION: THE FACTS BEHIND HADIZA BALA USMAN’S ABUSE OF OFFICE AS NPA MD

By BUA Group | May 31, 2025

 

 

We have noted recent public statements made by Ms. Hadiza Bala Usman, the former Managing Director of the Nigerian Ports Authority (NPA), who was sacked from office. In her comments, she accused BUA Group and our Chairman, Abdul Samad Rabiu, of breaching a concession agreement and distorting facts. These claims were made in response to our Chairman’s interview and article, “Two Years of President Tinubu: A Business Perspective” (watch at https://bit.ly/pbatbua), which celebrated Nigeria’s reform trajectory and referenced prior instances of arbitrary disruptions to business operations, without naming anyone – a situation that has now been curtailed by President Tinubu’s no-nonsense approach to bringing sanity and stability to the business environment in Nigeria.

 

 

Ordinarily, we would not engage, but the distortions in her response necessitate this factual clarification, especially as they relate to her actions during her tenure as MD of the NPA.

 

THE CONTRACT AND WHAT SHE OMITTED

In 2006,

BUA entered into a valid long lease agreement with the NPA to rehabilitate and operate Terminal B at Rivers Port in Port Harcourt, Rivers State. Long before Ms. Usman’s appointment, BUA had begun formal engagement with the NPA to address outstanding remedial works and infrastructural deficiencies. These discussions were nearing their conclusion when she assumed office.

 

 

Rather than build on that process, Ms. Usman ignored BUA’s requests and obligations under the agreement. In 2016, BUA wrote to the NPA under Article 8.4 of the lease, mandating concessionaires to report environmental and safety concerns and to seek approval for remedial works. Rather than act constructively, Ms. Usman used that letter as a pretext to issue a termination notice and summarily shut down the terminal, without providing any prior warning, consultation, or invoking the dispute resolution clause.

 

 

She forgot or failed to disclose in her response that the NPA, under her leadership, was itself in material breach of core obligations including, failing to hand over critical portions of the port, leaving derelict iron ore on the berths, failing to dredge or repair quay walls, and neglecting to provide mandatory security. These lapses were significant impediments to BUA’s operations and, as a result, led to disputes between the parties.

 

 

ILLEGALITY, CONTEMPT, AND DISREGARD FOR CONTRACTUAL MECHANISMS

 

After the unlawful termination, BUA approached the Federal High Court, which promptly granted an injunction restraining the NPA from proceeding with termination. The NPA itself then referred the dispute to arbitration, as stipulated in Section 17.3 of the agreement, which clearly states:

 

“Any dispute, controversy or claim… shall be exclusively and finally settled under the dispute resolution process prescribed in this Article.”

 

Despite this, Ms. Usman, against the advice of her agency, unilaterally decommissioned the berths, thereby violating both the agreement and a court injunction. To be clear, the concession agreement granted her no such power to decommission. If she believes otherwise, we invite her to publicly cite the specific clause that authorizes this action.

 

 

To further compound the illegality, BUA, after providing the guarantees and indemnities requested by the NPA, was permitted to resume operations briefly. Merely three weeks later, the terminal was again shut down, this time by Ms. Usman’s instruction. This left no doubt that her actions were motivated not by due process, but by personal animosity and abuse of office.

 

 

BUA subsequently filed contempt proceedings and was looking at estimated losses of over $10 million. These proceedings were only withdrawn out of respect for national interest and following the intervention of well-meaning Nigerians within and outside the government.

 

PRESIDENT BUHARI WAS NOT MISINFORMED—HE ACTED ON FACTS AND LAW

 

Ms. Usman’s claim that former President Muhammadu Buhari was “misinformed” when he reversed her actions is false, disrespectful, and disingenuous.

 

Following a meeting that our Chairman had the privilege of holding with President Buhari in 2018, he presented the matter to the President, who then directed the Office of the Attorney General of the Federation to conduct a thorough legal review and investigate the situation. The AGF invited all parties, including Ms. Usman, to several meetings. We never saw her at any of them.

 

Nevertheless, the AGF proceeded to undertake a comprehensive review of the contract, the litigation, the arbitration clause, and all correspondence and actions by BUA and NPA. The legal advice (attached herewith) found that the termination was unlawful, the decommissioning was without any legal basis, and that BUA’s rights should be reinstated.

 

It was on this basis that President Buhari ordered the reversal of her unlawful actions. His intervention preserved the sanctity of the contract, saved over 4,000 jobs, and BUA’s $500 million integrated investment cluster involving flour, pasta, and sugar processing facilities, which were all dependent on terminal access. For this, we remain deeply grateful to former President Buhari.

 

As our Chairman said in his interview, imagine if he weren’t privileged to have access. Nonetheless, this culture of impunity has been significantly curtailed under President Tinubu’s leadership, as many are aware that they could be dismissed or imprisoned if they abuse their positions.

 

POST-HADIZA: DUE PROCESS RESTORED, INVESTMENT RESUMED

 

Following Ms. Usman’s removal from office, the NPA, under new leadership, implemented the AGF’s position. In 2022, BUA was granted formal approval to resume reconstruction works. The contract was awarded to TREVI, and BUA has since invested over $65 million—entirely self-funded and with no recourse to public funds or subsidies. Work is ongoing, and completion is expected in the first quarter of 2026.

 

THE REAL DANGER: INVESTOR CONFIDENCE AND THE RULE OF LAW

 

We must state clearly that this matter goes beyond BUA. Had Ms. Usman’s actions been allowed to stand, it would have sent a disastrous signal that contracts in Nigeria are worthless, court orders are optional, and public institutions or individuals can act unilaterally without consequence. We must never return to that era.

 

 

Nigeria’s reform success today is rooted in respecting contracts, due process, and investor confidence—principles being restored under President Tinubu’s administration, under which BUA has committed over $1 billion in new investments across energy, food processing, manufacturing, infrastructure, and social interventions.

 

 

We wish to emphasise that Ms. Usman is entitled to her opinions, irrespective of how distorted they may be. However, she is not entitled to distort the facts or rewrite history. We do not seek a public spat and would like her to concentrate on fulfilling her duties in her new role under the strong leadership of President Tinubu.

 

 

We therefore simply restate the facts that Ms Hadiza Bala-Usman had no authority to decommission Terminal B unilaterally. She also acted in defiance of a court injunction and contractual procedure, and her actions caused significant economic loss of over USD10 million, reputational risk to BUA, and investor concern for Nigeria.

 

Our core message remains the same: public office should be viewed as a position of trust rather than a platform for personal biases. Those granted public power need to resist the temptation to let prejudice, ego, and vendetta influence their actions.

 

If Ms Hadiza Bala-Usman believes she acted lawfully, we challenge her to cite the specific clause or clauses that guided her unlawful actions. If not, let the facts remain where they belong — in the public record.

 

Signed,
BUA Group
May 31, 2025

 

FLOUTING CONTRACTUAL OBLIGATIONS, DEFYING COURT ORDERS, AND DISREGARDING ARBITRATION: THE FACTS BEHIND HADIZA BALA USMAN'S ABUSE OF OFFICE AS NPA MD

 

FLOUTING CONTRACTUAL OBLIGATIONS, DEFYING COURT ORDERS, AND DISREGARDING ARBITRATION: THE FACTS BEHIND HADIZA BALA USMAN'S ABUSE OF OFFICE AS NPA MD

 

FLOUTING CONTRACTUAL OBLIGATIONS, DEFYING COURT ORDERS, AND DISREGARDING ARBITRATION: THE FACTS BEHIND HADIZA BALA USMAN'S ABUSE OF OFFICE AS NPA MD

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Faith, Discipline and Hard Work Brought Me This Far- Now I’m Building Platforms That Will Outlive Me- AMB. TOSIN MICHEAL OWONIFARI

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Faith, Discipline and Hard Work Brought Me This Far- Now I’m Building Platforms That Will Outlive Me- AMB. TOSIN MICHEAL OWONIFARI

From the humble streets of Ise-Ekiti to the boardrooms of global influence, Amb. Tosin Michael Owonifari has carved a path defined by resilience, purpose, and visionary leadership. With roots in education, healthcare, and digital empowerment, he has evolved into a trailblazing entrepreneur and global development advocate. As the founder of T21 Global Group and an AU Agenda 2063 Ambassador, his mission is crystal clear — to build enduring platforms that empower generations across Africa and the diaspora. In this exclusive interview, he opens up about his journey, values, challenges, and the future he envisions for Africa and the world.
Tell us something about your background and academic adventure.? 
I was born in Ise-Ekiti, a town I carry with pride everywhere I go. I started my education in Nigeria and later continued in the United Kingdom, where I obtained a BSc in Oil and Gas Management (Second Class Upper). Over time, I’ve earned professional qualifications in Education, Internal Quality Assurance, Immigration Law, and most recently, I completed a Strategic Leadership & Ethics Programme at Liverpool Hope University. Education has shaped my path and continues to fuel my growth.
How palatable was your upbringing and family rapport?
I come from a humble, values-driven background where faith, discipline, and hard work were the order of the day. My family may not have had wealth, but we had love, structure, and support. That upbringing built the foundation of who I am today.
Were you ever an employee at the beginning?
Yes, and I’m proud of every stage. I started with cleaning jobs, kitchen porter roles, and even factory work when I first arrived in the UK. Later, I moved into tech as a Software Tester, then worked for over a decade in the NHS across roles like Data Quality Analyst, RTT Validator, Hospital Admin, and System Training. These experiences prepared me to understand people, systems, and leadership from the ground up.
What led you into entrepreneurship?
I saw consistent challenges — youth unemployment, digital skill gaps, healthcare staffing issues, and lack of access to global opportunities. I knew I had to act. So, I started T21 Services in the UK, and from there it expanded to Nigeria, and now operates globally as T21 Global Group.
Give us an overview of your companies?
Under T21 Global, we operate three entities:
🔹 T21 Services (UK)
•RTT Validation & Hospital Admin Training (CPD-certified)
•Remote Job Training & Placement
•NHS Workforce Support
•Immigration Advisory & Recruitment Services
•Civil Service Bootcamps & Public Sector Training
•Digital Inclusion Projects (with UK councils)
•Leadership & Ethics Courses (in partnership with universities)
•Diaspora Engagement & Talent Matching
🔹 T21 Consultancy Services (Nigeria)
•ICT Training & Federal Programmes (e.g., 3MTT)
•Remote Job Hubs & Global Talent Export
•Software & Web Development
•Certification & Testing Centre
•Startup Incubation & Innovation Hub
•Government Contracts & Policy Advisory
•Student Recruitment (UK, Canada, Hungary, Poland)
•Event Management & Capacity Building
🔹 Tosin Owonifari Empowerment Foundation (TOEF)
•Leadership Development & Mentorship
•Youth & Women Empowerment
•Community Development Projects
•Grants & Social Welfare Support
•Civic Engagement & Humanitarian Services
These three arms work hand-in-hand to deliver education, empowerment, employment, and investment.
What’s your present workforce at T21 Global?
We currently engage over 150 professionals globally — this includes permanent staff, part-time consultants, freelance trainers, developers, assessors, and remote workers across the UK, Nigeria, Europe, North America, and parts of Africa.
Faith, Discipline and Hard Work Brought Me This Far- Now I’m Building Platforms That Will Outlive Me- AMB. TOSIN MICHEAL OWONIFARI
From Ekiti to the world, how did you break the barriers?
I embraced my origin, not as a limitation but as a source of pride. I combined the values from Ise-Ekiti with global vision. I stayed consistent, kept building relationships, invested in learning, and never gave up — even when doors were shut. Hard work, faith, and purpose broke the barriers.
How easy was it at the beginning?
It was extremely tough. There were moments I had nothing but hope. Rejections, delays, financial struggle — I faced them all. But I kept pushing. I believed that every great vision must pass through the fire before it becomes gold.
How did you overcome the challenges of new terrain that you never anticipated?
I stayed teachable. I listened, partnered wisely, studied new systems, and always stayed open to learning. When I didn’t understand a terrain, I asked for guidance and built relationships with people who did.
Tell us something about your first ever award and how you felt.? 
It was an award for my contribution to youth development and digital inclusion. I was surprised and deeply honoured. It reminded me that even when you think no one sees you, your work is making an impact.
How many awards so far? Or you have lost count?
I’ve been blessed with several meaningful awards:
•Fellowship – Chartered Institute of Information and Strategy Management (CIISM)
•Speak-Up Champion – EKSU Alumni & Student Union
•Outstanding Media Support Award – FIBAN (Ekiti)
•Humanitarian Service Award – 2023
•Ekiti Parapo UK Presidential Award – 2023
•Several others from churches, communities, diaspora groups, and institutions
Every award reminds me to serve better and remain focused.
What’s your source of motivation?
Legacy. I want to build platforms that will outlive me — in people, in policies, and in systems. I’m motivated by the transformation of lives, especially young people who were once overlooked.
Have you ever failed? And how did you get over it?
Yes. I’ve had projects collapse, contracts lost, visa denials, and cash flow struggles. But I don’t let failure stop me. I always step back, learn, regroup, and move forward. Failure is part of the process, not the end of it.
Who is your number one supporter?
My wife, Chief Mrs. Jumoke Owonifari. Her unwavering belief, support, and prayers have been priceless. She’s been with me through every stage, and I’m grateful beyond words.
T21 Global operates on a wider range. How do you cope?
We run with clear systems and trusted leadership across departments. I focus on vision and strategy while my teams handle execution. We use digital platforms, weekly reviews, and regular audits to stay on track across regions.
Your recent Global Award as an AU Agenda 2063 Ambassador — what new terrain is it opening for you?
It’s a gateway to policy, diplomacy, and global development work. As the official AU Agenda 2063 Liaison Officer (UK – Merseyside), I now oversee:
•Investment and diaspora engagement
•Leadership and legislative training
•Talent export and youth development
•Government and NGO collaboration
It’s more than a title — it’s a platform for shaping Africa’s future across continents.
You are gradually becoming a Global African figure. Are you gravitating towards politics in no distance time?
Yes, but not for power — for purpose. I believe public office, when entered with vision and competence, can change lives at scale. If the opportunity comes, I’ll serve with integrity and results, not promises.
Have you been conferred with any chieftaincy title?
Yes, I’ve been honoured with the title of Otunba in an Ekiti community. The official installation will happen soon. I see it as a cultural responsibility to serve, protect, and uplift my people, not just a title.
What new thing is T21 Global cooking?
We are launching:
•A Global Talent Export & Diaspora Registry
•Remote Job Hubs across Nigeria & UK
•A Leadership & Legislative Academy for African public servants
•Diaspora-to-Africa Investment Matchmaking Portal
•Our first Africa Investment & Innovation Summit in the UK
These will shape the future of jobs, policy, and innovation in Africa and beyond.
Who is your hero?
I draw inspiration from values like integrity, service, and resilience — values that have shaped my journey. In global leadership, I admire Dr. Akinwumi Adesina, Barack Obama, and Prof. PLO Lumumba — leaders who lead with courage, wisdom, and a passion for people.
Faith, Discipline and Hard Work Brought Me This Far- Now I’m Building Platforms That Will Outlive Me- AMB. TOSIN MICHEAL OWONIFARI

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